TEXRAIL

Texmaco Rail & Engineering and Rail Vikas Nigam Texmaco Rail & Engineering and RVNL are joining forces in a new venture called Nexon Rolling Stock. RVNL will hold the majority 51% stake, with Texmaco taking 49%. This collaboration is strategically smart, leveraging both companies' strengths in the railway sector. Given India's massive railway expansion plans, this joint venture positions both companies well to secure new projects and tap into significant growth opportunities, making it a promising development for investors eyeing the infrastructure space.